1. UNITED STATES TAXATION AND FOREIGN INVESTMENT.
- Author
-
BLOUGH, ROY
- Subjects
FOREIGN investments ,TAXATION of foreign investments ,TAXATION ,DEFERRED tax - Abstract
The article examines the taxation of investments made by U.S. citizens and corporations in foreign firms. The author discusses several arguments that have been raised in favor of preferential tax treatment on profits earned from foreign investments, including those based on fairness, economic benefits, and promotion of U.S. foreign policy objectives. The author concludes that if tax relief is to be granted, it should take the form of tax deferments, with taxes delayed on profits earned abroad as long as they are reinvested abroad.
- Published
- 1956
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